Diversity

A STATEMENT BY H.C. DAWE, CHAIRMAN OF BELLWAY p.l.c. ON LORD DAVIES' REPORT INTO WOMEN ON BOARDS

DIVERSITY - WOMEN ON BOARDS

With reference to Lord Davies' report dated February 2011, entitled "Women on Boards" and the first recommendation requesting that all Chairmen of FTSE 350 companies provide comment, Bellway would like to confirm that appointments to the Board will always be made on merit against objective criteria and this will continue to be the priority. Notwithstanding this, the Board strongly supports the principle of boardroom diversity, of which gender is one element.

Bellway has a good record of recruiting, supporting and promoting women through the organisation into senior roles, based on their ability and performance.

H. C. DAWE
Chairman
On behalf of the Board of Bellway p.l.c.